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Biden’s Fuel Afflictions: The New Year Forecasts More Gasoline Pains

by Editorial Board
2 years ago
in News and Opinion
Reading Time: 2 mins read
A A
3

high gas prices moneyThat government exists to better the lives of its citizens is self-evident.

Happiness can be an elusive pursuit, of course, and leaders are no less likely to zig when they should have zagged than the imperfect folks who choose them.

Americans give their chief executive four years to discover the path to betterment, but their patience quickly wears thin when the trouble is intentional.

President Biden has launched a flotilla of hardships during his first year in office, but few as harmful as the breakneck surge in fuel prices.

The 230 million Americans who drive spent the past year cringing at the sight of gas station signs flashing an average price of $3.02 per gallon.

Fuel price analysts at Gas Buddy warn the worst is yet to come. In 2022, the average is forecast to bolt higher to $3.41 and could reach $4 a gallon by spring.

With prices currently hovering around $3.29 nationwide and with trendsetting California already cracking through the stratospheric level of $4.66, the possibility is looking extremely likely.

The extra dollar-a-gallon hike over a year ago is on course to pilfer consumers’ pockets for an extra $80 billion, raising the nation’s gas bill to nearly $485 billion during 2022. Some happy new year.

In December, when prices were slightly less jaw-dropping, the Pew Research Center pointed out that the nation has endured a long history of gas price spikes. For example, the $4.11 Americans paid for gas in 2008 would have cost $5.20 in today’s dollars.

It is a painful reminder rendered all the more maddening by the realization that by electing Mr. Biden, voters made the fateful decision to rehire the Obama cadre who made those gas prices good and high, including then-Vice President Biden himself.

Viewing the turn of events as simply misfortune is to ignore the deliberate steps Mr. Biden has taken to instigate the price surge: The president canceled the Keystone XL pipeline, which, incidentally, triggered a lawsuit from the project builder seeking $15 billion in damages.

Promising as a candidate “no more drilling on federal lands, period. Period, period, period,” he ordered a temporary halt of oil and gas drilling permits on government property.

Thankfully, a federal court blocked the executive order, but the energy industry heard the message: Fossil fuels are to be phased out.

Choosing not to throw good money after bad, companies have responded to the 2020 pandemic energy-use slowdown by opting out of renewed drilling operations.

Consequently, active wells across the nation totaled 991 in September — down from the pre-pandemic 2019 average of 1,253, according to the U.S. Energy Information Administration.

Willfully squeezing-off fossil fuels threatens the well-being of the nation. The president’s 43% approval rating quantifies his abysmal leadership.

A year on, Americans are starting to roll up their sleeves — not for vaccinations — but to throw Team Biden out of office.

Read more at Washington Times

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Related

Next Post

Senior Tories Pressure BoJo To Head Off Soaring Energy Bills, Tax Rises

Comments 3

  1. Sonnyhill says:
    2 years ago

    I don’t blame the oil companies for cutting back production. Why feed the mouths that bite your hand? It is a legitimate protest.
    I question that 43% approval rating for Mr. Magoo. One year in he’s a lame duck President. Count the White House cutlery.

  2. Spurwing Plover says:
    2 years ago

    Biden falls in Flames like the Hindenburg

  3. Tony Budd says:
    2 years ago

    Just to cheer you up – the current UK price at the pump is equivalent to at least $6.40 per US gallon, so your gas is cheap!

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      • Climate change and its causes
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      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
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      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
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      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
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      • Climategate: Caught Green-Handed!
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      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
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